Century Enka executes PPA for 9.9 MW wind-solar hybrid captive power plant

Century Enka Limited has entered into a Power Purchase Agreement with ABREL Century Energy Limited for a 9.9 MW wind-solar hybrid power plant under the captive consumption mechanism. The agreement, disclosed on 20 June 2026, marks a key step in the company's renewable energy procurement strategy.

Century Enka Limited (BSE: 500280, NSE: CENTENKA), an Aditya Birla Group company manufacturing nylon tyre cord fabric and industrial yarns at its Pune facility, disclosed on 20 June 2026 the execution of a Power Purchase Agreement (PPA) with ABREL Century Energy Limited (ABRELCEL). ABRELCEL has been established as a Special Purpose Vehicle (SPV) to develop the 9.9 MW wind-solar hybrid power plant specifically for Century Enka's captive consumption needs. The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Under the Electricity Act, 2003 and Electricity Rules, 2005, Century Enka is required to hold a minimum of 26 percent equity stake in ABRELCEL to qualify as a captive user of the renewable energy generated by the SPV. This regulatory structure ensures that the captive arrangement provides genuine long-term energy security to the company rather than a pass-through trading arrangement. The hybrid wind-solar configuration is designed to maximise generation across different weather conditions, improving the consistency of clean power supply to Century Enka's operations.

For Century Enka, captive renewable power procurement is a strategic lever to reduce its grid dependency, lower energy costs over the long term and meaningfully reduce the carbon intensity of its manufacturing operations. Nylon production is an energy-intensive process, and renewable electricity sourcing directly reduces the Scope 2 emissions associated with the company's manufacturing activities. This PPA is a concrete, measurable environmental commitment that ESG-focused investors can track as the project progresses toward its commissioning milestone in 2027.

Key figure — 9.9 MW (wind-solar hybrid captive power plant capacity)